Processing .....please wait.. 
The article has been forwarded.... 
IT exports from AP poised to cross $6.25 Bn
By siliconindia
|
Tuesday, 26 February 2008, 01:25 IST
Hyderabad: Andhra Pradesh has registered a tremendous growth of 6500 crore ($1.62 billion) in IT exports for the year 2007-08 compared to the last year. IT exports from the state are poised to cross the Rs 25,000 ($6.25 billion) crore mark, up from Rs 18,500 crore ($4.62 billion) recorded last fiscal, says Hyderabad Software Exporters Association (HYSEA).
Dr Anil Jampala, President of Hysea, cites the all-round development and growth in exports across the IT and BPO segments as the reasons for the growth of over 30 percent IT exports. He was addressing a press conference here on Sunday to announce the 16th annual day awards here.
Dr Jampala said that the small and medium industries are concerned about the issue of extension of tax concessions under the STPI scheme beyond 2009 and that they are also looking at the Sovereign Fund, which would help SMEs get over the rupee-dollar concerns. He revealed that the Government has agreed to offer land at Kokapet near Hyderabad for a special economic zone.